BANDIRE / SUSSUNDENGA PROJECT

The Bandire/Sussundenga Project covers an area of 900km2 and is underlain by lower Proterozic rocks flanking the eastern margin of the Zimbabwe Craton. Gold has been won from the Bandire artisanal workings (located immediately adjacent to 581L) since pre-colonial times.

Exploration by Ashanti in the 1990’s defined four discrete gold-in-soil anomalies, three of which lie within the Project area. 11 RC holes drilled by Ashanti into the Bandire workings indicated that gold mineralisation is associated with shallowly west dipping mafic schist intercalations within a highly weathered package of felsic gneiss saprolite. Intercepts included 8m@1.15g/t Au (BRC02) and 2m@3.45g/t Au (BRC07). Mineralisation remains open, with down dip and northern strike continuations persisting into Baobab’s 581L license.

Exploration is targeting low grade, shallow supergene gold mineralisation suitable for low-cost open-pit, heap-leach operation.

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